Resilient Open-Air Portfolio Focus: Brixmor's portfolio primarily consists of open-air, necessity-based shopping centers, which are generally more resistant to e-commerce disruption and benefit from consistent shopper traffic.

Anchored by Essential Retailers: The majority of centers are anchored by grocery stores or other essential service providers, ensuring stable demand and consistent visitation even during economic fluctuations.

Strategic Redevelopment and Repositioning: An active redevelopment program allows Brixmor to unlock embedded value, modernize properties, and attract higher-credit tenants, driving future net operating income growth.